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Showing 411 - 420 of 2895 results for "Fund"

Regulator hones in on greenwash as climate laws tighten

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
The corporate watchdog is sharpening its focus on financial products and services as mandatory climate reporting looms, according to ASIC commissioner Kate O'Rourke. The regulator has taken action 47 times between April 2023 and June 2024, including ...

Senate passes landmark climate reporting and net zero authority laws

ROSE MARY PETRASS  |  FRIDAY, 23 AUG 2024  |  NEWS
The finance industry welcomes new climate rules to empower investor decision-making and corporate action but urges no further delays in enforcement. Climate reporting will be mandatory for large entities from 1 January 2025, helping investors identify ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024  |  NEWS
... contributions will have a nominal interest rate amount applied to them and will then be paid to their nominated superannuation fund the following year and taxed at the current superannuation tax rate of 15%. Some 180,000 families access the scheme each ...

Aussie funds loyal in climate group exodus

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... including CalPERS, CalSTRS, Nippon Life Insurance Company, Church of England Pensions Board, and New York State Common Retirement Fund. NOTE: A Breckinridge spokesperson confirmed the firm's exit following publication.

Green job moves: ACSI, Edge, Investa

ROSE MARY PETRASS  |  WEDNESDAY, 21 AUG 2024  |  NEWS
Australia's sunny shores and super fund prowess beckon a London-based ESG pro, as other sustainability whizzes switch roles. After nine years, Michael Hamblett has been snatched from Columbia Threadneedle Investments EMEA APAC, a global financial services ...

Litigation immunity sparks legal expert outcry

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
A pause on private litigation would undermine investors' ability to make sound choices on their holdings, according to a leading climate focused law firm speaking on a proposal currently before the Senate. The government plans to legislate a three-year ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... largest bank has nearly halved its upstream oil and gas lending in the last two years due to its sensible approach to only fund companies aligned with the climate goals of the Paris Agreement." Following the 2016 Paris Agreement until 2020, the bank ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  MONDAY, 19 AUG 2024  |  NEWS
State Street Corporation now offers Shariah-compliant global custody and fund administration services. The announcement follows the company attaining a Shariah-compliant certificate from Amanie Advisors, a Shariah advisory firm. The Islamic finance ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
The ASX-listed companies have poured $80 million into a new Australian carbon credits fund from Silva Capital. The Silva Carbon Origination Fund is one of the first funds in Australia to invest in large-scale, high-integrity Australian Carbon Credit ...

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
Swiss Re says global insured losses from natural catastrophes hit $90.5 billion (US$60bn) in the first half of 2024, with severe thunderstorms accounting for two-thirds of that figure. Interestingly, the half was the second costliest on record for insured ...